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of times. jack kennedy, ronald reagan. biden: now your jack kennedy? gerri: that was a cheap shot. bided was wronwhen he claimed lower tax rates never had higher revenues. 1920's were slashed from 70% down a 20%. there rose 60%. kennedy cut across the board with the top rate down at 70%. tax revenues jump. ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obacare taxed the many in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedge funds would benefit. biden: 90% of small business america make less than $250,000. others are hedge funds making $600 billion per year that counts as the small business. gerri: hedge fund? the irs says they fall within the household of the top two brackets that the administration wants to raise taxes. and more than half of americans. vice presiden
" and saying, ronald reagan a former budget chief said, that is wrong. you should be worried if the times says that is right, david stockton here, and only here. but first the irish calling for another round, not of beer, of oil, more drilling, how ireland is drilling us under the table. if you think we're close to following, you better drink again. before copd... i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chronic bnchis and emphysema. it should not be taken more than twice a day. symbirt may increase your risk of lung infections, osteoporosis, d some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking it. with copd, i thought i'd miss our family tradition
, ronald reagan a former budget chief said, that is wrong. you should be worried if the times says that is right, david stockton here, and only here. but fst the irish calling for another round, not of beer, of oil, more drilling, how ireland is drilling us under the table. if you think we're close to ♪ [ male anuncer ] how do you turn an entrepreneur's dream... ♪ into a scter that talks to t cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. new pink lemonader bus5-hour energy?e, 5-hour energy supports e avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. neil: we have a problem, prices set to hit recording home heating pri
, though, like ronald reagan, in his re-election effort, the unemployment rate had gone -- gone down by 1.4%. >> gregg: from 10.8% down to 7% and after his re-election down to 5. >> the last year prior went down 1.4 point and now, it has gone down 1.2 points and momentum is important and where you are, is not where we want to be but people can sense the momentum and see where it is going. >> gregg: john, you brought up the reagan comparison and he had interest rates almost 20% and runaway inflation and none of that afflicted this particular president. in fact, you know, the unemployment rate for ronald reagan was higher and the unemployment rate for the president. >> well, it went to 10.8, i believe... and i mean, if you are saying that ronald reagan inherited a worse economy. >> gregg: he did. >> i don't know how you can make the argument. >> gregg: are you kidding. >> we lost 800,000 jobs. >> gregg: unemployment was higher, inflation was higher and interest rates were higher. >> in twa2009, january we lost 741,000 jobs and if that trend continued, we almost had a second great depression
? >> they avoided the name "george w. bush" similar to ronald reagan's foreign-policy. they do not want to be in his corner. at the same time, they want to take advantage of the traditional republican strength. they believe they are tougher when it comes to national security. he's trying to solve that dilemma by saying he wants to avoid war by spending more on the military. he does not want to scare off any independent voters but at the same time he wants to satisfy his conservative clients. >> let's look at the broader campaign. last week, he got a big boost from winning that the raid against obama. the polling numbers also looking better for him now. is the obama campaign worried? >> nervous, there is no question, but as there has been some significant change in some of the most important swing states, ohio and florida. things change on a daily basis here. we have not factored that in yet for the new unemployment numbers that came out friday that are in obama's favor. this will be a very, very close race matter what anyone says. we will know on election day how it plays out. they will have to figh
in the night for the wisconsin congressman. >> ronald reagan -- >> oh, now, your jack kennedy. >> reporter: as predicted by the campaign, the vice president came out grinning, flapping, flailing arms. he was aggressive, attacking the republican ticket hard. >> we will have credibility on this issue. >> incredible. >> thank goodness we have these sanctions in place, in spite of their opposition. it has been discredited by studies, over 100 criminal investigations. >> reporter: along the way, the vice president cut in. >> >> mr. vice president, i know you're under duress -- to make up for lost ground. >> reporter: he talked about the auto bailout. >> when mr. ryan said that romney was a car guy, i thought well if they have them in an elevator, i guess he was. >> reporter: for a group of undecided voters put together in virginia, a split decision. this voter thought mr. biden won. >> the vice president did. >> why? >> i think he came off as being very strong, emotional, and i like the looking at the camera and talking to the american people. >> reporter: another, paul ryan. >> vice president
of negotiating. and i alluded to ronald reagan who was open to getting some if not most of what he wanted because it meant getting none of what he wanted. jerry brown tax cut which was a flat tax rate on everyone. no progressivity and replacing all federal taxes with two flat rate taxes it was not revenue neutral and it had a little bit of positive revenue. i supported that all of the way because of the tremendous boon bye getting rid of the income tax and i think it would have been wonderful. we need to compromise on all of the issues but not until we have a good position. i don't want to compromise before we start the discussion. i think -- >> wait until the election. >> and then sit down with your people. you don't give away your fail back position before you start. >> we'll see. thank you very much. >>> and how the rest of the world, thank you. and how the rest of the world is viewing us and this and the back and forth and dismissing all of not that they are q. in great shape themselves. but we are hardly looking like fiscal jack lalanes. can what is happens over there happen over here? don't
years old. in 1965, i went to work making men's dress pants. when ronald reagan got into office, he started regulating everything. before he got out of office, missouri was losing its shoe factories. in 1991, our factory closed and sold as several others. -- and so did several others. these people are not for the american people. they are out for the rich people in this country and i think it is sad when a democrat gets into office, they turn into bullies. they don't want the democrats to get a thing done. i think it is so pathetic. they are getting paid to work for this country and instead they are just a bunch of bullies. host: what about her sentiment? guest: i think vice president joe biden is interested in these issues. one thing he has worked and in the by president say is a task force or a commission -- in the vice presidency is a task force to work on this. these issues about jobs being exported and jobs leaving and about diminished security for the middle-class -- the questions that joe biden has thought a lot about. at a general level, he would be quite comfortable talking
is going to be, i think that he will have as much impact as ronald reagan, if not more. >> he'll do better than ronald reagan. >> i felt that for a long time, so... >> arthel: carl cameron is live in apopka, florida where the governor is set to take the stage, fund-raising news from both campaigns, carl? >> reporter: that's right, may be a while before we see governor romney, it is lightning country in florida and the campaign's arrival is delayed because of fear that it might be a threatening storm. a big crowd here and big money raised by mitt romney since the debate. his debate performance clearly caught the attention of both republicans, who were worried about the trajectory of his campaign and new voters and the campaign is reporting since the debate performance they've raked in more than $12 million, and, just today, the romney campaign undertaking a national teleconference, and phone banking exercise, made another 2 million contacts with what they hope to be new republican voters. it is a $12 million boost into the debate for mitt romney and stands in the face of staggering numbers
of ronald reagan and tip o'neill who were about as far apart politically as you could get, but they were able to come together and find common ground on some of the thorny issues that existed economically in the 1980s. that's not happening today because so many of the politicians view these issues as defining who they are personally. they take it personally, and that's a problem right now. don't you think? >> yeah, i think so. i also think that we're at a very different moment. when we talk about the kind of spending back then, we were arguing a lot about defense spending under ronald reagan. >> absolutely. >> we really needed to be arguing more about entitlement spending, which never got taken care of. now we have this huge, huge problem where people expect so much. they've been promised things. that's what makes it extremely difficult. >> let's face it. the stakes are much, much higher now. the zeros we're talking about -- >> are huge. >> have a "t" in front of them. we're talking trillions of dollars on an annual basis right now. by the way, more of steve's interview in the coming 30
a couple of times. >> it's never been done before. >> jack kennedy-- ronald reagan. >> oh, now you're jack kennedy. >> and he got it wrong. george w. bush lowered rates and when they did the treasury went up. and the other hot topic was libya. >> this benghazi issue would have been a tragedy in and of itself, unfortunately it's indicative of a broader problem. what we're watching on our tv screens is the unravelling of the obama foreign policy which is making the war more chaotic and us less safe. >> joe biden says the administration did not know about the request for more security in libya, but a day earlier the state department official in sworn statement said more security had been requested and denied. and when asked about it, president obama said, quote, i didn -- and after that, said i didn't catch that exchange. and the opening bell on wall street. here we go. >> stocks will open pretty flat this morning, a day after the debate. we've got one news item, a number from the government in the background here, it's the producer price index up. 1.1%, month over month and that's a big inc
bush is that he is not ronald reagan. >> largely as result of policies and priorities of the reagan administration, more people are becoming poorer and staying for than any time since world war ii. >> if there's anything left of ronald reagan's trickle-down theory, it seems to be anxiety which seems to be trickling down to just about every segment of our society. >> if you gave clarence thomas all little flower, you would think -- here is a man who is against everything that has lifted the level of life of millions of blacks. >> i hope his wife feeds him mustard eggs and butter and he dies like many black men, of heart disease. that so i feel. he is a reprehensible person. >> you call to gingrich in your words trickle down terrorists who face their agenda on division, exclusion and fear. you think middle-class americans need protection from that group? >> the new republican majority took a big step today on the legislative agenda, to demolish or damage government aid programs. many of them designed to help children and the poor. >> the bombing in oakland the city has focused renewed
has done with jimmy carter -- jump away from it. i could not do that to ronald reagan now, next year, or any other time. i have too much trust in him, too much friendship for him, and i would feel very uncomfortable doing it. >> some republicans have criticized mr. mondale for saying he disagreed privately with jimmy carter's decision to impose a grain embargo. have you ever disagreed with any decision of the reagan administration and its inner circles? following that up, where in your judgment as loyalty and and principal begin? >> i owe my president my judgment, and i owe him loyalty. you cannot have the president of the united states out there looking over his shoulder wondering whether his vice- president is going to be supporting him. mrs. ferraro has quite a few differences with vice president mondale, and i understood it when she changed her position on tax credits and buses and to extend the grain embargo. he now says he was against it. if they win, and i hope they don't, but if they win, she will have to accommodate some views, but she will give him the same kind of loyalty
, when you are president, and this is why ronald reagan lost his first debate and why president george w. bush lost his first reelection debate, it has been four years. anybody has gotten in your grill. nobody tells you what you think. he is not used to it. but the president almost seriously -- physically was taken aback as romney went at it. the romney folks knew months ago that the debate prep would be the manhattan project of their campaign. that was where they would flip the switch if they had any possibility to. we saw a romney moved -- who his family had been encouraging the campaign to let him be more of himself, less scripted. we saw him all come out. he has to do with two more times. there are a number of countries that will tell you you only get one single attack. [laughter] to apologize to any of the ambassadors of our exalted -- insulted. charlotte -- charlie mentioned new jersey leno. it abused me hearing the obama's cams series of excuses. david letterman did the top 10 excuses. number 5 was mitt romney's here is mesmerizing. number 2 was asked osama bin laden how i did. nu
wall street journal" giving president-elect ronald reagan some advice. tell the same positive story over and over and will turn. yet to believe in it. america usually will do the right thing after it has exhausted all other possibilities and i hope we do. if you think washington and business can go to work, the collaboration's, we should have a collaboration. we would double the other and worked round-the-clock but now and has became a war. dodd-frank, health care, so we re-litigate. we should get it right the first time and move on but we did not. >> to the extent there has been a marked absence of collaboration or friction between the worlds of politics and business, you but the lion's share on the political side? >> i would put more on the political side. everyone i know is coming down and asking what they can do for help. it surprised me when someone asked a question, do you want universal health care pro- american citizens, 80% say yes. they wanted done right a certain way, but there was a huge effort to pull together to make it work. it didn't happen. you know politics far bet
times. >> it has never been. >> jack kennedy, ronald reagan. >> now you are jack kennedy. [ laughter ] >> as for which candidate won the debate it seems to be a tossup with some polls giving a slight advantage to ryan. others to biden. >>> here in the bay area they held watch parties. >> ryan is staying on target. he is staying with the facts. biden is going after him. interruptions. not making himself clear. >> the president is an excellent president. he is a decent man. sometimes too decent. joe biden is showing you have to stay with the facts. >> those people obviously thought joe biden dominated the debate. republicans thought paul ryan came out ahead. no surprise there. we have posted more video of last nights debate just look for world and u.s. news tab. >>> another debate is making headlines but for very different reasons. youtube video shows two southern california lawmakers almost getting in a fight. coming up at 5:45 what was behind this heated exchange. >>> happening right now the space shuttle endeavour is on the move. it's headed from lax to its permanent home at the cal
, this is biggest singleebate in helping a candidate since ronald reagan. it was one debate, in carter in '76 they proved people were comfortable to him becoming president. less:liz: said no more presidel debates. >> that is right, until 1976, i remember i went did the research, getting ready for 76 debate, i assume like everyone else legend was that kennedy won first debate big and moved polls a lot, he had not, he moved them a few points but he got what i call credibility threshold. the reason that romney is doing so well, not vote numbers alone. he did was, you could see it in cbs poll, their panel of uncommitted voters. liz: the guys and ladies in 40 40 40-yard line. >> yes, 30% said that romneycared about people about them at the beginning of the debate, by the end it was 53, almost doubles, he made hi hims, i am not an ogre, and second he managed to say, i have a vision, my ideas here is my program, president was terrible. liz: here is the problem, we're also seeing al gore who blew a comfortable lead. >> yes, against bush, the debate. with whoever the challenger is, that was two non
, it was highest number since the one single debate ronald reagan had against jimmy carter in 1980. that is a famous year. that is the first time in 100 years republicans have taken out a sitting president. the presidential debate tied with clinton's debate with the first george bush in 1992, when the democrats took out an incumbent president. so i think there are a lot of people who are unhappy with obama but they just wanted to check out the challenger, make sure they're not leaping into something that they're not comfortable with. wow, romney's performance will make them very comfortable. melissa: everyone thought their guy won. they were like, my guy was awesome. isn't that sort of, don't you think that was sort of the takeaway from everybody at home? of course you know, half thought it was one guy and half thought it was the other guy that really got it done? >> my, my sense of the debate was more that each side was presenting its policy positions and, i do think ryan looked like, a lovely young man who would not be off-putting to most people and it is not so much on the debat
. the unemployment rate is 7.8%. this is looking very much like 1984 and ronald reagan. unemployment down, people back to work. melissa: thanks for coming on the show. we appreciate your time. >> my pleasure. melissa: so there is big divide in the jobs data today, as we're discussing household survey shows total employment surged 873,000, but payroll says only 114,000 people went back to work. even jack welch said it, hard to reconcile these numbers. he tweeted, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers. that is harsh criticism. here with me is economist peter morici. which also have gary burtless, senior fellow? [no audio. what do you think. what a difference between the two surveys. peter, start with you. >> the bls is not cooking the numbers. i believe that. they don't do such a thing. there a anomalies. household survey counts self-employed people. a lot of people established home based business. they have been dissipating savings. that doesn't mean they're fully employed. to have 800,000 jobs created that would be 6% gain in emplo
across the table. it's been done before. i saw it done with our wonderful ronald reagan, a conservative from california, and the liberal democrat tip o'neill from massachusetts. that's what we need more of, and that's what i've done in washington. senator obama has never taken on his party leaders on a single major issue. i've taken them on. i'm not too popular sometimes with my own party, much less his. so medicare, it's going to be a little tougher. it's going to be a little tougher because we're talking about very complex and difficult issues. my friends, what we have to do with medicare is have a commission, have the smartest people in america come together, come up with recommendations, and then, like the base-closing commission idea we had, then we should have congress vote up or down. let's not let them fool with it anymore. there's too much special interests and too many lobbyists working there. so let's have -- and let's have the american people say, "fix it for us." now, just back on this tax, you know, again, it's back to our first question here about rhetoric and record. sen
a distinguished lineage. ronald reagan and the 1986 democratic congress invented it. the gang of six endorsed it. in the upcoming talks on the fiscal cliff, we ought to scrap it. the reason is simple -- the old style of tax reform is obsolete in a 2012 world. it does not fit the times because there are two new conditions that did not exist in 1986 but are staring us in the face today. first, a much larger and much more dangerous deficit and second, a dramatic increase been income and inequality. old-style tax reform could make both conditions worse. but don't dismiss the old framework lightly. credit for the 1986 reform law belongs to democrats like bill bradley in the senate. just as much as to president reagan. as a member of the house back then, i not only voted for it, but i whipped the votes to make sure it passed. i was on the committee set up by dan rostenkowski to get it done. the approach made a good deal of sense at the time. then, as now, the code was littered with egregious loopholes that needed to be reformed. recall the so-called passive law schools that were in place back then. -
or became. um, the big issue, the big change began in 1980, of course, with the election of ronald reagan because ronald reagan brought with him to washington, um, a very underrated figure in recent american history, someone who i don't think gets his due as an important person, and that's edwin meese. because edwin meese at first as an adviser and then as attorney general said, look, there has been a liberal ayen da at the supreme court -- agenda at the supreme court, there needs to be a conservative agenda at the supreme court. what was that agenda? expand executive power, end racial preferences intended to assist african-americans, speed up execution, welcome religion into the public sphere and, above all, um, reverse roe v. wade and allow states once again to ban abortion. a big part of the reagan revolution, um, was the arrival in washington of a group of young and committed conservative lawyers who wanted to work in that, on behalf of that agenda. who were two of the best and brightest of that group? john roberts and samuel alito. 197 finish -- in 1985 in a memo plotting litigation
that in the 1980s under a republican president, ronald reagan and a democratic president bill clinton. >> and gdp was 4.8%. 4.5% in one case. 4.3%. i can find economists who will tell me we'll have that kind of growth rate. >> we should aspire to 12 million jobs. i should aspire to look like brad pitt. that won't happen either. thank you for coming on the show. coming up something bocandidate on. >> if somebody gets an advanced degree i would staple that diploma to their green card. >> as soon as they get an advanced degree we send them home to create jobs somewhere else. >> immigrant entrepreneurs could be a powerful force but u.s. policy is standing in the way. here to here. this bigger screen goes from here to here. now that's either a) an amazing coincidence .. or b) a dazzling display of common sense. pretty sure it's the common sense thing. have more fiber than other leading brands. they're the better way to enjoy your fiber. >>> friday's jobs numbers underscore something we knew. we need more jobs. how do you create them. one answer may surprise you. immigration. how does bringing more peo
know what tax revenue did under ronald reagan? it went up 100% even though they cut taxes dramatically. tax revenue doubled in eight years. don't forget, you can catch the vice presidential debate tomorrow night here on cnbc beginning at 7:00 p.m. eastern time. >> let's go to jackie deangelis with this market flash. >> good afternoon, guys. taking a look at shares of walmart. of course, it hit record highs earlier in the session. coming off just a little bit. despite the fact that earlier the cfo reiterated fiscal 2013 sales guidance, maybe investors were looking for him to boost that up. he did reduce cap ex spending for 2013. the new reach, 12 to $13 billion. that could have something to do with it as well. the stock still higher on the day. just a little bit of a selloff. bill. >> i think those costco numbers helped the retailers today as well. a lot of the big box retailers doing well today. we're headi ining toward the cl. about 25 minutes left. we're hovering near the lows of the session with the dow down more than 130 points. >> the latest big company raising its dividend. why i
. ronald reagan... >> oh, now, you're jack kennedy. >> woodruff: abortion also figured as a key issue in the debate. both men are catholics, and they were asked to describe their position, based on their faith. >> i don't see how a person can separate their public life from their private life or from their faith. and i respect people who don't agree with me on this. but the policy of a romney administration will be to oppose abortion, with the exceptions for rape, incest, and life of the mother. >> life begins at conception. that's the church's judgment. i accept it in my personal life. i just refuse to impose that on others, unlike my friend here, the congressman. i do not believe that we have a right to tell other people that women, they... they can't control their body. it's a decision between them and their doctor, in my view. and the supreme court-- i'm not going to interfere with that. >> woodruff: biden warned a conservative supreme court majority would overturn a woman's right to choose. ryan, who's on record favoring such a move, said abortion policy is best made by elected l
in europe since 1945 i think i would credit the u.s. military, ronald reagan and the a-bomb. >> right. >> more than i would the eu and the bureaucrats in brussels. >> we bail them out. we protectioned them all those years and reagan's the guy that ended communism, but the head of the peace prize committee is blaming the united states for the european economic crisis. i read "the new york times" story incredulously. he said the demise of lehman brothers is the responsibility of the european crisis, not their overspending and not their overtaxes and not their excess government and not their excess entitlements, jimmy. it's all because of lehman brothers. >> listen. you have countries that are following every wrong thing to do to run a good economy and even what they're doing now, they're raising taxes. this is like a death wish and a suicide attempt by europe and not america's fault. >> i want to ask you which is worse? the peace prize to president obama in 2009 or giving the peace prize to the european union, which is worse? >> as a gambler would say that is a pick 'em situation. >> yo
thing about george bush, he is not ronald reagan. >> largely as as a result of the policy and priority of reagan administration, more people are becoming poor and staying poor in the country than many times since world war ii. ♪ >> if there's anything left ronald reagan trickle down theory it seems to be anxiety which seems to be trickle down through every segment of our society. ♪ if you give complearns thomas a little flower you think you have david talking. here is a man who is against everything that has lifted the level of life of -- [inaudible] ♪ i egg and butter many black men do a [inaudible] >> has hard too. he's remember rehenceble person. ♪ your words trickle down terrorist who face their agenda on division, exclusion, and fear. do you think middle class americans are in need of protection. ♪ the new republican majority congress took a big step on the legislative agenda to demolish or damage government-aid programs many of them designed to help children and the poor. ♪ >> the bombing in home city has focused renewed attention on the rhetoric coming f
trip over the summer. romney, obama aides say, is no ronald reagan, more like chevy chase. combatting that image, romney met with a group of retired generals after a speech. the romney approach would be both more muscular and bipartisan. >> if you look at harry truman and john kennedy and the use of power by bill clinton in his second term, that is a much different approach than jimmy carter and barack obama. >> reporter: to put his vision into action, romney will have to win first, which explains why he made an impromptu stop at a nearby elementary school. at this stage of the race, the pictures matter almost as much as the policies. romney did mention the obama campaign's trump card on foreign policy, the killing of osama bin laden, but he seemed to give the credit to what he called, quote, military and intelligence professionals. romney will now shift back to the economy with campaign events coming up here in virginia and also in iowa and ohio. wolf? >> jim acosta, thank you. let's go back to gloria borger. what was mitt romney trying to accomplish with this marriage foreign policy
through this week in overton who seem toe think the best thing about george bush is he not ronald reagan. >>> largely as a result of the policies and priorities of the reagan administration more people are becoming poor and staying poor in this country than anytime since world war ii. ♪ . >> if there is thinking left to ronald reagan's trickle down theory, done, it seems to be anxiety which seems to be trickng down through just about every segment of our society. ♪ . >> if you gave clarence thomas a little flower on his face you would think you had david duke talking. here is a man who, is against everything that has lifted the level of life of millions of blacks. ♪ . >> i hope his wife feeds him lots of eggs and butter and dies like many black men do of heart disease. that is how i feel. he is absolutely reprehensible person. ♪ . >> you've called gingrich and his ilk, your words, trickle down terrorists who base their agenda on exclusion, and fear. do you think middle class americans are in need of protection from that group? ♪ . >> the new republican majority in congress took
of loopholes in the tax code that approach has distinguished lineage. ronald reagan and the 1986 congress invented this. in the upcoming talks on the fiscal cliff, we should scrap this. the old style of tax reform is obsolete in a 2012 world. it does not fit the times because there are two new conditions that did not exist in 1986 but are staring us in the face today. first, a much larger and much more dangerous deficit and second, a dramatic increase been income and inequality. old-style tax reform could make both conditions worse. but don't dismiss the old framework lightly. credit for the 1986 reform law belongs to democrats like bill bradley in the senate. just as much as to president reagan. as a member of the house back then, i not only voted for it, but i whipped the votes to make sure it passed. i was on the committee set up by dan rostenkowski to get it done. the approach made a good deal of sense at the time. then, as now, the code was littered with egregious loopholes that needed to be reformed. recall the so-called passive law schools that were in place back then. they allowed
and strength as you know the governor reprieves quite frankly was ronald reagan's thing. and ronald reagan didn't go to war with the soviets. he actually was the one that convinced the soviets that it was pointless to go to war with us. to try to out build us. the real issue here is how credible is the united states going to be? if you want to position -- pivot to asia and cut the defense budget you tell me how those to add that because i can't figure it out. >> let me figure -- follow up on a ram point and ask both of you what should be the ultimate subjective of iran be quick should it be a nonnuclear iran? should be regime change? can we live with his government in iran if it is not pursuing a nuclear weapon? >> the president said that he would not accept iran with a nuclear weapon and there a lot of other issues on the agenda with iran, supporting international terrorism, cracking down on his people and the issues we are most focused on. among many it is the nuclear issue and preventing iran from having a nuclear weapon. now the governor has taken a multitude of positions on my red includin
. they have very different visions. for the record, ronald reagan reduced taxes on the rich and revenues went up. lou: governor romney made it clear that he will work with the democrats. megyn: lou dobbs, thank you so much. the supreme court this week takes up a case that could do away with decades of affirmative action. we will look at this long-standing law and why one property manager says it may not pass review by the justices be mad if they can make it into an academic sector of the school. megyn: a picture-perfect launch for the first cargo mission of the international space station. >> three, two, one. we have lift off. megyn: how about that. the falcons six rocket blasting off cape canaveral. it was built by spacex, which has a $1.6 billion deal with nasa to carry out resupply missions. it begins a three-day fight for space. it is carrying vital gear for the crew members at the space station. good for our sales become a thing of the past? it may sound nuts, but that question is being asked because of the supreme court case that raises questions about whether a company still owns the r
something like that tonight. we'll see. >> what will they say now? >> you're no probably ronald reagan or something. >> meanwhile the latest national polls may show president obama and mitt romney are in a tight race, but if you believe the 7-eleven indicator, the election may have already been decided. yes, that's right, the convenience store chain is once again running a promotion where it sells coffee in democrat blue cups with obama's face and republican red featuring romney. so far customers favor obama by a 60/40 margin. it has correctly predicted the winner of the last three u.s. elections. i'd like to know if it's only been run in the last three elections. >> still not a huge sample size. meanwhile pizza hut is offering a lifetime, yes, a lifetime of fr free -- life time qualifying as 30 years to anyone who asks sausage or pepperoni in the debate. >> of course we've been having our own debate so whether you should -- they're offering whether free pizza a week for 30 years or or $15,600 in cash. >> is it one pizza is week? >> a large pizza. so you said you would take the cash. i
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